Our AXELOS certification allows our experienced P3M3® consultants to provide quality assured assessment of the process employed, the competencies of people, the tools deployed and the management information used to manage and deliver improvements, allowing organisations to better determine their strengths and weaknesses in delivering change.
P3M3® is a management maturity model looking across an organisation at how it delivers its projects, programs and portfolio(s). P3M3® is unique in that it looks at the whole system and not just at the processes. The P3M3® assessment can be tailored to meet the needs of the organisation and can be deployed in multiple ways. P3M3® provides three maturity models that can be used separately to focus on specific areas of the business or more generally to help organisations assess the relationship between their portfolios, programs and projects. The P3M3® maturity model sub-models are:
The P3M3 maturity model sub-models are:
Each sub-model is further broken down into seven perspectives:
The P3M3 model has five maturity levels:
P3M3® allows an assessment of the process employed, the competencies of people, the tools deployed and the management information used to manage and deliver improvements. This allows organisations to determine their strengths and weaknesses in delivering change. There are no inter-dependencies between the models so an assessment may be against one, two or all of the sub-models. It is possible for an organisation to be better at program management than it is at project management.
As with any investment in an improvement initiative, increasing the maturity rating should not be seen as a justification in itself. It is about improved capability to deliver to strategic objectives, reduce costs and increase success rates. Every investment requires a justifiable return on investment (ROI). The P3M3® approach benefits the organisation by providing a common, integrated vision of improvement. This integrated approach leads to decreased costs and improvements in on – time delivery, productivity, and quality and customer satisfaction. A key benefit of using P3M3® is that it provides a publicly available set of independent benchmarks. These are not proprietary or exclusive and may be used by all organisations, irrespective of their methodology or internal delivery frameworks. The general benefits that can be gained from using P3M3® include:
PM Solutions Australia is an accredited AXELOS Consulting Partner and able to provide quality assured consulting services relating to the AXELOS best practice portfolio products including PRINCE2®, PRINCE2 Agile®, MSP®, AgileSHIFT®, MoP®, P3O® and P3M3® Maturity Modelling. PM Solutions Australia constantly demonstrates their commitment to global best practices through its accreditation by AXELOS, with our customers confident in our credibility and authority to assess their business and practices areas.Learn more
Doing the right things and doing those things right!
A portfolio management framework, helps organisations make decisions about implementing the right changes to their business as usual activity via projects and programs. The portfolio management framework and portfolio management discipline, is not concerned with the detailed management of these projects and programs; rather, it approaches the management of change projects and programs from a strategic viewpoint.
Transformation is necessary. It is also (very) hard.
Increasing customer demand and expectation, the rise of disruptive competitors shaking up established industries, legacy processes that no longer fit in today’s environment, a company culture that fails to support rapid go-to-market. Most organisations today recognise that the business landscape is changing and if they want to survive, they need to change.
PM Solutions Australia is one of the world’s first AXELOS accredited AgileSHIFT® Consulting Partners, providing services across Australia and New Zealand.Learn more
Find out how PM Solutions Australia can help you mature your delivery organisation.